Probe Gold Inc T.PRB

PBR’s Potential capex saving of up to $331m

[Myner2022]

IMO the following analysis is PBR's golden nugget 

on page 7 of PBR's presentation 

Novador PEA (2021) Summary it states that "Optimization of mine plan with fewer pits " and "Potential for future increased production due to resource growth "

IMO another reason why DP is so laser focused is because 

I went back to the NR of September 7th 2021 (PEA) under heading of Capital Cost

"The $484m in sustaining mining capital includes $153m for the mining fleet and $331m for underground ("UG") development....."
This capex would be in year 4.


So IMO because of the increased mine efficiency and potential production expansion this capex of up to $331m for UG expansion would not be necessary in year 4 

This translates to potentially creating shareholder value of approximately $2.20 per share based on 151m shares outstanding.

[stockwatcher7]

I think this is the  fundemental issue that  needs answers for investors to move the  share price. That  being   what is  the  plan going  forward....  becoming a  producer  or  continuing as an explorer. If  you want to be a  producer then  which  way.... financing ( ARTG)  or  share dilution 

[Myner2022]

Spring is around the corner  that's when the next 43-101 is expected